Premier And 4 Other Stocks Have Very High Payout Ratio

(VIANEWS) – Premier (PINC), Host Hotels & Resorts (HST), Alliance Resource Partners, L.P. (ARLP) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.

When researching a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.

1. Premier (PINC)

80.77% Payout Ratio

Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and document shredding. The segment is also involved in the provision of the ASCEND Collaborative service for members to receive group purchasing programs, tiers, and prices; SURPASS Collaborative service; STOCKD, an e-commerce platform; and PROVIDEGX program, which identifies supply sources for drugs that are on or may be at risk of being added to the national drug shortage list, or that are vulnerable to pricing volatility, as well as direct sourcing business. The Performance Services segment offers PremierConnect for members to address existing cost and quality imperatives, to manage a value-based care reimbursement model, and support their regulatory reporting framework; performance improvement collaboratives; and consulting and insurance management services, such as creation and management of health benefit programs under Contigo Health brand, as well as health systems and suppliers cost management solutions under Remitra brand. This segment's PremierConnect solutions are organized into six areas, such as Quality & Regulatory, Clinical Surveillance & Safety, Supply Chain & ERP, Operations, Enterprise Analytics, and Clinical Decision Support domains. The company also provides services to other businesses, including food service, schools, and universities. Premier, Inc. was incorporated in 2013 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Premier has a trailing twelve months EPS of $1.04.

PE Ratio

Premier has a trailing twelve months price to earnings ratio of 18.36. Meaning, the purchaser of the share is investing $18.36 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.97%.

Moving Average

Premier’s worth is under its 50-day moving average of $20.05 and under its 200-day moving average of $20.46.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.9%, now sitting on 1.35B for the twelve trailing months.

Previous days news about Premier (PINC)

  • According to Zacks on Wednesday, 16 October, "The company’s products include Ooma Office for small businesses, Business Promoter, Ooma Telo for home, Ooma end-point devices, Ooma Premier Service for Telo, Talkatone Application as well as caller identification, call-waiting and voice mail services. "
  • According to Zacks on Thursday, 17 October, "In July, SL Green closed the previously announced sale of the Palisades Premier Conference Center. "

2. Host Hotels & Resorts (HST)

73.58% Payout Ratio

Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms. The Company also holds non-controlling interests in six domestic and one international joint ventures. Guided by a disciplined approach to capital allocation and aggressive asset management, the Company partners with premium brands such as Marriott®, Ritz-Carlton®, Westin®, Sheraton®, W®, St. Regis®, The Luxury Collection®, Hyatt®, Fairmont®, Hilton®, Swissôtel®, ibis® and Novotel®, as well as independent brands. For additional information, please visit the Company's website at www.hosthotels.com.

Earnings Per Share

As for profitability, Host Hotels & Resorts has a trailing twelve months EPS of $1.06.

PE Ratio

Host Hotels & Resorts has a trailing twelve months price to earnings ratio of 16.76. Meaning, the purchaser of the share is investing $16.76 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.77%.

Moving Average

Host Hotels & Resorts’s worth is above its 50-day moving average of $17.37 and under its 200-day moving average of $18.63.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 37.5% and a negative 10.5%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.1%, now sitting on 5.48B for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 30, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 4.5%.

3. Alliance Resource Partners, L.P. (ARLP)

69.31% Payout Ratio

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties. It produces a range of thermal and metallurgical coal with sulfur and heat contents. The company operates seven underground mining complexes in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition, it leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana; and buys and resells coal, as well as owns mineral and royalty interests in approximately 1.5 million gross acres of oil and gas producing regions primarily in the Permian, Anadarko, and Williston Basins. Further, the company offers various mining technology products and services, including data network, communication and tracking systems, mining proximity detection systems, industrial collision avoidance systems, and data and analytics software. As of December 31, 2021, it had approximately 547.1 million tons of proven and probable coal mineral reserves, as well as 1.17 billion tons of measured, indicated, and inferred coal mineral resources in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, Alliance Resource Partners, L.P. has a trailing twelve months EPS of $4.04.

PE Ratio

Alliance Resource Partners, L.P. has a trailing twelve months price to earnings ratio of 6.27. Meaning, the purchaser of the share is investing $6.27 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 28.66%.

Volume

Today’s last reported volume for Alliance Resource Partners, L.P. is 115787 which is 59.89% below its average volume of 288695.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 27.1% and a negative 3.4%, respectively.

4. First Bancorp (FNLC)

44.3% Payout Ratio

The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, time, savings, money market, and certificates of deposit accounts. The company also provides commercial loans comprising commercial real estate owner occupied, such as mortgage loans to finance investments in real property such as retail space, offices, industrial buildings, hotels, educational facilities, and other specific or mixed use properties; commercial real estate non-owner occupied loans; commercial construction to finance construction in a mix of owner- and nonowner occupied commercial real estate properties; and commercial and industrial loans, including revolving and term loan for financing working capital and/or capital investment. In addition, it offers commercial multifamily loans; residential real estate term and residential real estate construction loans; loans to municipalities in Maine for capitalized expenditures, construction projects, or tax anticipation notes; home equity revolving and term loans; and personal lines of credit and amortizing loans for various purposes, such as autos, recreational vehicles, debt consolidation, personal expenses, or overdraft protection. Further, the company offers private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations and municipalities; and brokerage, annuity, and various insurance products, as well as payment processing services. It operates through full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine.

Earnings Per Share

As for profitability, First Bancorp has a trailing twelve months EPS of $2.37.

PE Ratio

First Bancorp has a trailing twelve months price to earnings ratio of 11. Meaning, the purchaser of the share is investing $11 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.05%.

Yearly Top and Bottom Value

First Bancorp’s stock is valued at $26.07 at 14:23 EST, way below its 52-week high of $29.75 and way above its 52-week low of $21.77.

Volume

Today’s last reported volume for First Bancorp is 8726 which is 50.25% below its average volume of 17543.

Moving Average

First Bancorp’s worth is below its 50-day moving average of $26.18 and above its 200-day moving average of $24.86.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Oct 8, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 5.53%.

5. Northrim BanCorp (NRIM)

41.94% Payout Ratio

Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement accounts, money market deposit accounts, and certificates of deposit. It also provides family residential mortgages; commercial loans, such as secured and unsecured loans for working capital and expansion; commercial real estate loans; construction loans for commercial real estate projects, and land development and residential subdivision construction loans; and loans for automobiles, recreational vehicles, boats, and other consumer purchases, as well as home equity and commercial credit lines, and factoring services. In addition, the company offers other services that include consumer online banking, mobile app and mobile deposit, mobile Web and text banking, business online banking, personal finance, online documents, consumer and business debit cards, home equity advantage access cards, and telebanking and automated teller services. Further, it provides personalized checks, overdraft protection from savings accounts, commercial drive-up banking, automatic transfers and payments, people pay, external and wire transfers, bill pay, direct payroll deposits, electronic tax payments, automated clearing house origination and receipt, remote deposit capture, and account reconciliation and positive pay services, as well as merchant and cash management programs, annuity products, and long term investment portfolios. As of December 31, 2020, the company operated 16 branches in Anchorage, the Matanuska-Susitna Valley, Juneau, Fairbanks, Ketchikan, Sitka, and Kenai Peninsula. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.

Earnings Per Share

As for profitability, Northrim BanCorp has a trailing twelve months EPS of $5.77.

PE Ratio

Northrim BanCorp has a trailing twelve months price to earnings ratio of 11.78. Meaning, the purchaser of the share is investing $11.78 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.75%.

1. 1 (1)

1% Payout Ratio

1

Earnings Per Share

As for profitability, 1 has a trailing twelve months EPS of $1.

PE Ratio

1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1%.

Sales Growth

1’s sales growth is 1% for the ongoing quarter and 1% for the next.

Volume

Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.

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